MBA HR Important

Give me important terms of MBA Human Resource.

[Shaleen]

As per your request here I am giving you important terms of MBA Human Resource:

Absolute ratings
A rating method where the rater assigns a specific value on a fixed scale to the behavior or performance of an individual instead of assigning ratings based on comparisons between other individuals.

Affirmative action
Also : Positive discrimination.
Carried out on behalf of women and disadvantaged groups and members of such groups are placed in dominant positions.

Appraisal
See Performance planning.

Attrition
A term used to describe voluntary and involuntary terminations, deaths, and employee retirements that result in a reduction to the employer’s physical workforce.

Autocratic leadership
Leader determines policy of the organization, instructs members what to do/make, subjective in approach, aloof and impersonal.

Balanced Scorecard
A popular strategic management concept developed in the early 1990′s by Drs. Robert Kaplan and David Norton, the balanced scorecard is a management and measurement system which enables organizations to clarify their vision and strategy and translate them into action. The goal of the balanced scorecard is to tie business performance to organizational strategy by measuring results in four areas: financial performance, customer knowledge, internal business processes, and learning and growth.

Behaviorally anchored rating scale (BARS)
An appraisal that requires raters list important dimensions of a particular job and collect information regarding the critical behaviors that distinguish between successful and unsuccessful performance. These critical behaviors are then categorized and appointed a numerical value which is used as the basis for rating performance.

For more information I am giving you a pdf file and you are free to download it.